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. >> you have to pay taxes for the rest of your life. >> liberals are more likely to watch law and order. >> tonight, pbs will not be the worst think on television. >> what difference does that make. >> if you wanted to reach an independent swing woman voter by the house and garden channel, if you want to reach a republican leaning law bu less likely to vote swing manning guy the golf channel. >> he did research on blacks who might vote for bush and many are christians that watch these tv preachers. >> now in the name of jesus, i command this debt out of my life. >> so he placed advertisements there. >> in ohio, bush got 8% of the african-american voted. in 2004 he got 16%. because we were able to identify their history was overwhelmingly democratic we had clues they might be reachable. >> this year they want to reachg voters in these ten states. >> you take a map of the united states and you just cross them out. we can't win here. >> john: for most of us really don't count. we live in the wrong state. i live in new york. my state votes will go to obama. if all new york swing voters shif
. >> you have to pay taxes for the rest of your life. >> liberals are more likely to watch law and order. >> tonight, pbs will not be the worst think on television. >> what difference does that make. >> if you wanted to reach an independent swing woman voter by the house and garden channel, if you want to reach a republican leaning law bu less likely to vote swing manning guy the golf channel. >> he did research on blacks who might vote for bush and many are...
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payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5% in the red, that's right. neil: if you hear mitt romney saying i'm going to essentially get off your back, going to roll back regulations. he was not specific which, make sure the government cools it on taxes, didn't say to the degree of what allowances and writeoffs and deductions he limits, were you either troubled by the fact it might be a wash? that you, for example, in your case for your catering business, you might see, butch, no tax savings at all, but you might have a lower rate, but can't deduct as much. >> that will kill us. without disposable income for me to spend or gr
payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5%...
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lastly instead of waiting for the huge refund on the tax return adjust your with holdings. >> that's your money. that's money that the government is giving back to you in the spring but why let the irs keep it? you can be saving orrin vesting this money or spending on worthwhile adventures. >> you can see about $500 with in the next two months by filing a new [inaudible]. >> home warrants have become almost standard with home sales, more than 75% now include a warranty. why it may not always be worth it so you don't waste your money. >> if you want peace of mind a home warranty sounds like a smart move. protect you from the high cost major repairs such as water heater failure for just a few dollars a month. for some that vanishes the first time they try to use it. joe and leslie didn't want any surprise when is they bought a 25-year-old house. they spent $400 on a home warranty. when the furnace went out. >> they wouldn't cover it. >> they wouldn't. >> reporter: the gas valves weren't covered by the warranty. then when their garage door opener went out the warranty wouldn't cover tha
lastly instead of waiting for the huge refund on the tax return adjust your with holdings. >> that's your money. that's money that the government is giving back to you in the spring but why let the irs keep it? you can be saving orrin vesting this money or spending on worthwhile adventures. >> you can see about $500 with in the next two months by filing a new [inaudible]. >> home warrants have become almost standard with home sales, more than 75% now include a warranty. why it...
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meeting tax revenue. but also from other indications of broader prosperity. jobs, business sales and so on. >> the state pose a gambling program has not been that effective so far in growing the economy, he said. there will be between $1.1 billion and $1.50 billion of lost spending power to charlestown alone over the next few years. he said many people are still going out of habit and others are attracted to the table games and table games attract high rollers. >> an update to a medical alert. the centers for disease control and prevention say as many as 13,000 people received steroid shots suspected in name national fungal meningitis outbreak. it is not clear how many are in danger and how many of the shots from especially pharmacy in massachusetts may have been contaminated. health officials have identified two more marylanders who have developed meningitis after receiving the tainted steroid injection last month. that brings the confirmed cases to five including one fatality. 105 people have been sickened by the outbreak. there have been eight deaths. theh
meeting tax revenue. but also from other indications of broader prosperity. jobs, business sales and so on. >> the state pose a gambling program has not been that effective so far in growing the economy, he said. there will be between $1.1 billion and $1.50 billion of lost spending power to charlestown alone over the next few years. he said many people are still going out of habit and others are attracted to the table games and table games attract high rollers. >> an update to a...
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and they're going to see higher taxes. that's a lump of coal for any anniversary. rather than focus on the negatives in alcoa, focus on the fact they have asian exposure, european exposure. focus on the positives. financial engineering is back in this market. some of the parts for a company like alcoa exceed the value. >> you're making excuses for alcoa even before the ceo comes on. i like that. bob, what do you make of the action? put it in perspective, five years compared to now. >> the dow jones industrial average went from 1500 to 750. that was cut in half. that certainly was a disaster. >> you mean the s&p? >> the s&p, excuse me, bill. nonetheless, bottom line is holding on from that point to here, you can say, yeah, does buy and hold still work? that's what everybody's interested in. i think the evidence is it certainly does, but you have to have long periods of time to look at it. i'm not so impressed that we're not anywhere where we were 12 years ago. if you invested on a regular basis from now through the bottom, i think you'll find you have not done so ba
and they're going to see higher taxes. that's a lump of coal for any anniversary. rather than focus on the negatives in alcoa, focus on the fact they have asian exposure, european exposure. focus on the positives. financial engineering is back in this market. some of the parts for a company like alcoa exceed the value. >> you're making excuses for alcoa even before the ceo comes on. i like that. bob, what do you make of the action? put it in perspective, five years compared to now....
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be a tax attached to it. they want a carbon tax that will tax american airplanes landing in europe based on their carbon emissions. what we're looking at here is a global system of taxation. will obama raise taxes? yeah, but not just through congress. it will be done by treaties in the u.n. that can be ratified by the senate and the house of representatives has nothing to do with it. that's one of the major things we warn about in this book heree come the black helicopters." >> sean: that's pretty frightening. it's in bookstores as of tomorrow morning, amazon.com, called "black helicopters." dick, thank you. >> thank you. >> sean: when we come back, is there a major donor scandal about to blow up in the president's face? our guests say they have things that could derail the president before election day. and in the middle east, this time the israelis take out a drone. the middle east burning. this all happens as mitt romney goes out with a major foreign policy speech telling voters that the president has fail
be a tax attached to it. they want a carbon tax that will tax american airplanes landing in europe based on their carbon emissions. what we're looking at here is a global system of taxation. will obama raise taxes? yeah, but not just through congress. it will be done by treaties in the u.n. that can be ratified by the senate and the house of representatives has nothing to do with it. that's one of the major things we warn about in this book heree come the black helicopters." >> sean:...
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lowest corporate taxes or among the highest corporate taxes in america? >> i'm -- >> highest corporate taxes in america right now, right? >> highest corporate tax rate in the world right now. >> it's not that much higher than our competitors. in fact, it's lower than many competitors. stop talking about the rates. >> that's not true. >> we know it's mislead. it's effective tax burden on corporations, which is well in line with our european and asian competitors. >> isn't it true that small businesses, which of course as we all know are the real creators of jobs, will pay the ordinary income tax? if you're going to raise ordinary income tax on people making more than $200,000, that's going to hit small businesses and choke off that part of the job creation. >> that's right, maria. the top individual tax rate have a huge amount of small business income. if romney would cut the top individual rate from 35 to 25%, for example -- >> which would help small business. >> small businesses would be benefitted by that. >> bill, that's something john thain said, the
lowest corporate taxes or among the highest corporate taxes in america? >> i'm -- >> highest corporate taxes in america right now, right? >> highest corporate tax rate in the world right now. >> it's not that much higher than our competitors. in fact, it's lower than many competitors. stop talking about the rates. >> that's not true. >> we know it's mislead. it's effective tax burden on corporations, which is well in line with our european and asian...
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i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place.
i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another...
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are definitely better than higher taxes. i don't dispute that. nobody disputes that. all else isn't equal. if you finance those tax cuts for the rich with huge amounts of debt as george w. bush did and as mitt romney is proposing, you're going to end up with slower growth. that's what we've got over the last ten years. there's no reason to believe any different. >> with we certainly have that over the last three years. >> exactly. >> let me ask you this, diana. >> pause, pause, pause. timeout. when the president took office, the economy was contracting by 9% annual. it's now growing. don't tell me the economy is growing slower than when the president took office. that's not true. >> in the last year and the year before. the last three years is what i'm referring to. >> the last three years we've had growth. i agree the growth hasn't been strong enough. >> right. diana, do you think we could see a 75% tax rate here if, in fact, the president gets re-elected? would what's happening in france carry over here? is it the same ide
are definitely better than higher taxes. i don't dispute that. nobody disputes that. all else isn't equal. if you finance those tax cuts for the rich with huge amounts of debt as george w. bush did and as mitt romney is proposing, you're going to end up with slower growth. that's what we've got over the last ten years. there's no reason to believe any different. >> with we certainly have that over the last three years. >> exactly. >> let me ask you this, diana. >> pause,...
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the third voice, hey, let's eliminate income tax, corporate tax. let's abolish the irs. let's replace all of that with a one federal consumption tax. i am embracing the fair tax, which think is really the answer to american jobs, in a 0 corporate tax rate environment. i say the private sector creates tens of millions of jobs. melissa: we know what you would bring to the table. can you handicap for us what you think the other two guys are going to do tomorrow night? who has got the strength? who has got the weakness? how will it come out? >> let me offer a prediction. either one of them get elected,e are going to find ourselves with a heightened police state. we're going to find ourselves in a state of continued military intervention that has resulted in hundreds of millions of enemies to this country that but for those military interventions would otherwise not exist. and that we find ourselves in a continued state of spending, and debt that are absolutely not sustainable. my prediction. melissa: we know that from polls that you trail both candidates by a pretty wide mar
the third voice, hey, let's eliminate income tax, corporate tax. let's abolish the irs. let's replace all of that with a one federal consumption tax. i am embracing the fair tax, which think is really the answer to american jobs, in a 0 corporate tax rate environment. i say the private sector creates tens of millions of jobs. melissa: we know what you would bring to the table. can you handicap for us what you think the other two guys are going to do tomorrow night? who has got the strength? who...
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simple ..// tax man's... best .. friend..../// 3 te orioles...in a nail-biting situation at the highlights from thhir game... ... and what's happeninn with &pthh yankees tonight...next on paying for prescriptions can be costly during these tough times... but we may have a solution for you... we'll... tell you what it is... next aúkw@ anncr: more anti-maryland ads. from this west virginia casino. they want marylanders to keep coming to west virginia... casinos like theirs. spending one hundred seventy million a year. question seven will keep those dollars at home. with a limited expansion of gaming that will mean... hundreds of millions for schools in the baltimore area... and across the state... according to the department of legislative services. and with independent audits required by law... question seven means millions for maryland schools. guaranteed. and those well grounded. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses like yours accelerate r
simple ..// tax man's... best .. friend..../// 3 te orioles...in a nail-biting situation at the highlights from thhir game... ... and what's happeninn with &pthh yankees tonight...next on paying for prescriptions can be costly during these tough times... but we may have a solution for you... we'll... tell you what it is... next aúkw@ anncr: more anti-maryland ads. from this west virginia casino. they want marylanders to keep coming to west virginia... casinos like theirs. spending one...
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and last, instead of waiting for a huge refund on the tax returns in the spring, adjust withholdings that could save you money, too. >> that's your money. that's money that of course the government is giving back in the spring but why let the irs hold onto it all year. you can save or investing the money or earning interest along the way or spending on worthwhile ventures such as holiday gifts. >> see $500 within the next two months by simply filing a new w- 4 at work. >>> stay with us, are you thinking about cooking eggs? a lot of you are. it's a great breakfast meal. but you might not want to do it because they couldn't be cracked up to what they say they are. we will tell you how some say the healthiest benefits might not be from that breakfast. and also ahead this morning, criticism over sugary sodasintensifies and some beverage are rolling out vending machines that will put calorie counts at your fingertips. >>> be a we have been -- and we have been watching temperatures and in baltimore it's 48 degrees. we are seeing temperatures at 52 in annapolis and if you want to see what's
and last, instead of waiting for a huge refund on the tax returns in the spring, adjust withholdings that could save you money, too. >> that's your money. that's money that of course the government is giving back in the spring but why let the irs hold onto it all year. you can save or investing the money or earning interest along the way or spending on worthwhile ventures such as holiday gifts. >> see $500 within the next two months by simply filing a new w- 4 at work. >>>...
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when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the economy are encompassed inside the national debt argument. you can get rid of the unfunded liabilities, as well, just the way we did with social security under ronald reagan by tending the age of retirement, by reducing benefits, by subjecting half of them to the income tax. there are lots of things you can do to bring this economy back and fairly quickly in two terms you could bring it back the way reagan did. >>neil: the fact is you cannot buy your way out it. you have to boom your way out of it. thank you, art. >> in washington, dc, talk of a plan to keep the government from going off an immediate fiscal cli
when people are moving to the tax roles rather than welfare roles you can reduce tax rates, or welfare spending and bring it back faster. >>neil: it is about inspiring confidence. ronald reagan did that, bill clinton did it. but this idea that we can't do it and certainly when pundits say further candidate should even touch it tomorrow night, that gets to the core of the problem. >>guest: that is exactly correct. this is the issue. all the issues that we are talking about in the...
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the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates better they got tired of talking about millionaires and billionaires. >> i am spectacular the perplexed by joseph biden. at least the is consistent. this is simply incorrect if the administration believes by raising taxes we can get ourselves into solvency, he is simply incorrect. mitt romney talking about the tax issues how to back out of this situation was awesome. >> i don't know if they believe this helps economically with us verses them redressing the wrongs for those who benefited the most until four years ago. >> we have seen this obama's touting the buffer role with the minimum tax for mi
the economy is languishing worse where looking for more tax hikes and four years ago it was zero tax hikes? we have all been hit now we know how the middle-class and people will be affected. obamacare has at least seven pin tax hikes and 30 more on top of that. charles: we discover a couple more every month. [laughter] but i know this bothers you. the vice president throws numbers out there that the rich are getting over $1 trillion from view. that never seems out of left field but resonates...
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federal income, state sales tax, property tax cab gas tax, over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. >> what is main street's reaction? we have two of our most outspeaken regulars here to discuss. app entrepreneur and best-selling author, find him at rural 1 investing upon the com. carol roth, can you find her at carolroth.com. good to you you guy he. >> you too, j. >> i think it is clear that romney ran all over obama. from a small business owner's perspective he addressed the issues we have not seen addressed offer the laugh four years. most notably, how are we going to get this economy growing again because from a small business owner's perspective, that is what is going to get them hiring and make them more successful. if the economy grows, more people are buying from them. there's more confidence, and it is just a self fulfilling prophecy. >> what we are dealing with here, four years -- apart from what presi
federal income, state sales tax, property tax cab gas tax, over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. >> what is main street's reaction? we have two of our most outspeaken regulars here to discuss. app entrepreneur and best-selling author, find him at rural 1 investing upon the com. carol roth, can you find her at carolroth.com....
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the tax regime is negative. we don't know how much it is going. valuations are in a zone of what i call fair, and we have election uncertainty. i'm looking for a change, but it doesn't look like the change i'm rooting for. >> your insights are always welcome on this program, mr. cooperman. thank you for coming up. >> thank you. >> joe, thank you for coming in. mark cuban will stick with us as well. it's not just the individual investor getting hurt. how high-speed trading affects the institutions. we'll hear from the ceo of liquid net. halftime will be right back. ov. small in size. big on safety. greetings from the people here sure are friendly but some have had a hard time understanding my accent. so to make sure people get every word of the geico savings message i've been practicing how to talk like a true chicagoan. switching to geico could save you hundreds of dollars on car insurance... da bears. haha... you people sure do talk funny. geico®. fifteen minutes could save you fifteen percent or more on car insurance. governor of getting it don
the tax regime is negative. we don't know how much it is going. valuations are in a zone of what i call fair, and we have election uncertainty. i'm looking for a change, but it doesn't look like the change i'm rooting for. >> your insights are always welcome on this program, mr. cooperman. thank you for coming up. >> thank you. >> joe, thank you for coming in. mark cuban will stick with us as well. it's not just the individual investor getting hurt. how high-speed trading...
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the tax policy center says all that means is tax cuts of $480 billion in the year 2015. the obama campaign will divide that by ten and there is a $5 trillion tax cut figure over the next decade the president repeatedly cited during the debate. that is misleading. romney says he raises the full cost. he raises money elsewhere. personal exemptions and healthcare provision -- congress could presume economic growth from lower tax rates need more tax revenues to the treasury. economic growth means romney's plan works. >> it grows the economy so much. about 7.4% in the long run. over ten years. this revenue problem becomes much smaller. >> others like the tax policy center and the congressional budget office do not use overall economic growth as official ways to pay for lower tax rates. mcbride says it is somewhat ridiculous not to do so. there will be some growth from doing it. back to you. melissa: rich, that is so interesting that you got him to quantify the kind of growth we could see with that 7.4%. that is a part of the conversations that get really tough. >> a romney a
the tax policy center says all that means is tax cuts of $480 billion in the year 2015. the obama campaign will divide that by ten and there is a $5 trillion tax cut figure over the next decade the president repeatedly cited during the debate. that is misleading. romney says he raises the full cost. he raises money elsewhere. personal exemptions and healthcare provision -- congress could presume economic growth from lower tax rates need more tax revenues to the treasury. economic growth means...
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its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a governor. john: already the honduran legislature passed the bill authorizing the general principles 126-1. they are behind it. >> incredibly popular. congress realizes the best hope for prosperity is to create a special development regions. model that the special development regions that have been so spectacularly successful in china which has cities scale special development regions. also dubai which had 110-acre region that had its own legal system that imported british common law "by international financial center which resulted in billions of dollars of capital flowing in and one of the greatest fin
its own police force, no income tax, no sales tax, no capital gains tax to all the property tax and no federal regulation. it sounds good to me. the man behind it joins us now from honduras. you came on the show a year ago to discuss the idea of a free city and its thousand you have made progress. >> we made considerable progress. we expect we will be able to break ground within 30 days after the honduran government finalizes the legislation identifying the regions and also appointing a...
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been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the chavez national monument that may help rally hispanic voters. new politico, george washington university battleground tracking poll of likely voters shows president may have an intensity problem. only 73% support him say they are extremely likely to vote compared to 86% who back romney. >> they know the race has tightened. >> bret: ed henry traveling with the president in california. ed thanks. >>> we are less than a month away from election day. much of the country is already taking part in early voting. we are taking our weekly look at how the electoral college map is shaping up. joining me again today are
been using a study by princeton economist harvey rosen to back up that romney's plan is paid for by tax cut on middle class but there was pushback from rosen saying he was misrepresented, saying increase in the tax burden on lower and middle income individuals is not required in order to make the overall plan revenue neutral. >> he would be the first to say this is not a monument to one man. >> under backdrop in california today, the president held an official event designating the...
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how they justify raising taxes on the middle class, buried for the last four years. stuart: that's the back drop of the debate. and this is the latest poll, president obama with a 3 point lead, that's down from the 5 point lead about ten days ago, two weeks ago, we put that entire tape of president obama on our facebook page, please check it out and tell us what you think and we'll read comments in the next hour. vice-president joe biden says the middle class has been buried the past four years, a clear gaffe in my opinion. is he right? i say, yes, he is. we get a democratic congressman's response in, and we'll bring you the opening bell as well. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those d
how they justify raising taxes on the middle class, buried for the last four years. stuart: that's the back drop of the debate. and this is the latest poll, president obama with a 3 point lead, that's down from the 5 point lead about ten days ago, two weeks ago, we put that entire tape of president obama on our facebook page, please check it out and tell us what you think and we'll read comments in the next hour. vice-president joe biden says the middle class has been buried the past four...
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but, you know, looking at discretionary budget, looking at taxing at our tax policy, there's a lot that can be done right now and we want to provide some of those options. >> some people say the results of sequestration, it's actually not a bad thing. because it will sort of focus our priorities, getting the country's debt and deficit under control. what do you think about that? >> well, sequestration cuts the good along with the bad. not everything government does is wasteful. not everything government does is good. go after the wasteful first, go after the policies which we know don't achieve the goals they were set out to meet. we don't think sequestration -- sequestration was set up as a threat, such a horrible threat that it would force congress to act and hasn't forced congress to act yet. we hope it will in the lame duck, that they'll take thoughtful steps by going after wasteful programs first. >> you're right. it hasn't gotten them to act yet. ryan, good to talk to you. thanks so much. >> thanks so much for having us. >> see you soon. "fast money" begins at the top of the hour.
but, you know, looking at discretionary budget, looking at taxing at our tax policy, there's a lot that can be done right now and we want to provide some of those options. >> some people say the results of sequestration, it's actually not a bad thing. because it will sort of focus our priorities, getting the country's debt and deficit under control. what do you think about that? >> well, sequestration cuts the good along with the bad. not everything government does is wasteful. not...
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tax, as wwll as other taxes on capittl gains of 200 thousand dollars or less. what he calls the 'buffee a minimum 30 percent tax rates. university of balttmooe professor teven isberg says he wanted to hearrmore on how specifically governno romnnyy would raise neeeed revenues. steven isberg, university of baltimore: 9.47 "at the enn of the day, ttere's not a whole lot of differencessbetween one and another."steven isberg, university of baltimore: 10.22 "i'd really like to see the calculation as to how both of those gentlemen are getting to that number, and i haven't seen thattyet." (laughttr) past that, the ww sparred over what president obama calls romney's "five trillion dollar tax cut."mister obama said ttat wwuld either raase &t wealthy.the tax policy ceeter claims that 5 trillion dollars... would be over the next decade.romney has claimee that money is made up for in cuts ii deddctions to broaden the ttx base.paul gessler, ffx455news at fivve how are the rrads looking tonig? tooight?brandi proctor has our traffic edge report. reportt mapbelair fiberwilkens
tax, as wwll as other taxes on capittl gains of 200 thousand dollars or less. what he calls the 'buffee a minimum 30 percent tax rates. university of balttmooe professor teven isberg says he wanted to hearrmore on how specifically governno romnnyy would raise neeeed revenues. steven isberg, university of baltimore: 9.47 "at the enn of the day, ttere's not a whole lot of differencessbetween one and another."steven isberg, university of baltimore: 10.22 "i'd really like to see the...
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raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> right now, we continue to follow breaking news on news 4 midday. the fbi is investigating an early morning shooting that killed a border patrol agent and injured another in arizona. it happened near the u.s./mexico border. the wounded agent was air lifted to the hospital and is expected to survive. >>> president obama and mitt romney are preparing for their first debate. the president is in nevada. his rival in denver, where tomorrow's debate will take place. runni innin inning mates come p battleground states. paul ryan wrapped up an event in clinton, iowa. s american airlines customers are dealing with unhappy pilots. seats broke mid flight. >> the passenger seats came loose out of the floor. >> eight planes grounded after three incidents where an
raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> right now, we continue to follow breaking news on news 4 midday. the fbi is investigating an early morning shooting that killed a border patrol agent and injured another in arizona. it...
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income taxes hit the rich. property tax increases hit everyone that owns property. it's going to get worse before it gets better in chicago. >>> all right. a french bank is selling a greek bank for one euro that it bought for $2.2 billion euros in 2006. >> it is the bank that would stand to lose the most. obviously it wants to reduce its exposure to greece at this stage. that bank we're talking about here to be sold for one euro is their greek unit. this is a bank that has not made a profit since 2006 when it was bought. i believe -- actually, that's wrong. there was one year in 2007 when it made a profit. this has basically been a bad investment. >>> okay. last chance to win in our street poll. who has a better chance of winning, mitt romney or the jets? we wlr have some results in. we're going to read them later on. don't go away. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd
income taxes hit the rich. property tax increases hit everyone that owns property. it's going to get worse before it gets better in chicago. >>> all right. a french bank is selling a greek bank for one euro that it bought for $2.2 billion euros in 2006. >> it is the bank that would stand to lose the most. obviously it wants to reduce its exposure to greece at this stage. that bank we're talking about here to be sold for one euro is their greek unit. this is a bank that has not...
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on middle income families, i will lower taxes on middle income families. i saw a study that came out today that said if you were going to raise taxes. >> the voters are having watch parties across the country many in the chicago area debate number one is always a big deal. voters are checking things out tonight. >> there are probably thousands of these viewing parties across the country, some of them here in chicago, one of them in swarthmore and it was hosted by patch and you have republicans and democrats and undecided voters and i have each to get their opinions and thoughts on how things went tonight let's start with the undecided voter from all would the big question of the night tonight is was there a clear winner? >> no, i thought it was a draw, i was pleased it was more civil than i thought it would be so for me the domestic policy is big and foreign policy is going to decide it. i'm waiting for foreign policy. >> let's move on to an obama supporter in when i spoke with you midway through the debate you said to me, i think romney is doing a little
on middle income families, i will lower taxes on middle income families. i saw a study that came out today that said if you were going to raise taxes. >> the voters are having watch parties across the country many in the chicago area debate number one is always a big deal. voters are checking things out tonight. >> there are probably thousands of these viewing parties across the country, some of them here in chicago, one of them in swarthmore and it was hosted by patch and you have...
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the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident that has one police officer in hot water this morning. "and what's your name?" "oh, it's flo." "and what do you do?" "oh, i sell insurance like no one else." "oh, that's nice." "thank you." now, that's progressive. call or click today. >>> welcome back apparently, looking at photos and videos of cute, fuzzy baby animals can help improve your productivity. see, aaron? a team of researchers at hiroshima university recently conducted a study where they showed university students pictures of baby animals before completing board games and puzzles. those who saw the pictures were more attentive to detail than those
the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident...
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i ok at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that tlks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't want to discuss those things in an election year. gerri: and also, it begs the question, are you taking power out of the hands of the doctors and hospitals to back to busty making these decisions about care. i don't think so. a lot of things occur in the admission process, and smart hospitals, good hospitals are getting on top of this. for instance, in our community we have hospital in plano, texas. texas health resources. there is a group of really hard-core nurses and anybody who is a physician knows when talking about. you don't mess with these ladies. they have taken the bull by the horns and transf
i ok at this story and that thing, this sounds like a tax to me. >> not only is it a tax, it does not take into account -- it does not seem to take into account the things that should. it is a pretty blanket statement. rea missions are extremely complex, and there is absolutely nothing in these reports that i have read that tlks about the patient and of the equation. what are the issues that are happening on the user and? and those have to be discussed among but i suppose that we don't...
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how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing businesses. the way to fix this is stop this and elect mitt romney. >> on the joe biden, gaffe meter, how big of a gaffe is this? >> joe biden gaffe meter? that's probably different. probably a six for a non-joe biden it would probably be an eight. come on, joe biden makes some great ones. you know, i thought it was interesting yesterday, the amount of conference calls that suddenly both sides engaged in after joe biden opened his mouth. after, put you back in chains comment, they took him off the stage for a few weeks and they may do that for the rest of the election. >> i want to move on to another piece of tape that's received a lot of attention over the last 24 hours or so. a tape put out by fox news, daily c
how in lord's name can they justify raising their taxes with these tax cuts? >> and this is how paul ryan responded. >> i thought he was taking my speech. you know what? we agree. the middle class has been buried over the last four years. they're being buried by obama care, by borrowing, taxes, spending, more regulations, all this uncertainty plaguing businesses. the way to fix this is stop this and elect mitt romney. >> on the joe biden, gaffe meter, how big of a gaffe is...
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yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. ♪ [ cheers and applause ] >> jimmy: our next guest this evening is regarded as the best dog trainer on the planet. he's got a new series called "leader of the pack" starting in january, as well as a nat geo wild special called "cesar millan: the real story," airing at 9:00 p.m. sunday, november 25th. please welcome to our show cesar millan! [ cheers and applause ] ♪ who let the dogs out who let the dogs out who let the dogs out ♪ >> jimmy: cesar! cesar, you are beloved. whenever people knew that you were coming on, people went bonkers. on twitter, they're all like, "i want to bring my dog. i got to show -- i've got to ask some questions." like, they love you. you're a legend. >> they do, they do, they do. i mean, they love what i can do for their dogs, you know. definitely, yeah. >> jimmy: but what a great story, because that's why you're doing this special. "c
yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. ♪ [ cheers and applause ] >> jimmy: our next guest this evening is regarded as the best dog trainer on the planet. he's got a new series called "leader of the pack" starting in january, as well as a nat geo wild special called "cesar millan: the...
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. >> read my lips, no new taxes. >> the difference between a hockey mom and a pit pubull? lipstick. >> other ones you have to depend on your candidates ceasing a moment you didn't expect to have. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you have a business, you didn't build that. somebody else made that happen. >> i like being able to fire people and provide services to me. >> going to put you all back in chains. >> the media calls those gaffes but often the don't know. when ed muskee lost his primary because it looked like he teared up defending his wife everyone said candidates can't cry because that's weak. then 2008 hillary clinton cried. >> i have so many opportunities in this country. >> she began to tear up and her voice cracked a little bit. she was so emotional. >> i just don't want to see us fall backwards. >> she showed being human. (applause) >> this is very personal for me. >> people perceive that as weakness. >> i think they will and i think they should. >> it makes it look like her campaign is in tr
. >> read my lips, no new taxes. >> the difference between a hockey mom and a pit pubull? lipstick. >> other ones you have to depend on your candidates ceasing a moment you didn't expect to have. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you have a business, you didn't build that. somebody else made that happen. >> i like being able to fire people and provide services to me. >> going to...
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we have a culture of spending, taxing, and borrowing. that is a problem for the state. in annapolis, we have a culture of secrecy. perhaps the deputy treasury says the governor wants to take advantage of low interest rates. this will help move the party project forward while spurring job growth. maryland's unemployment rate to 7.1%. leading economist calls the governor's plan risky. >> it does sound like a mini- stimulus package. it is an obligation that has to be paid back and the taxpayer is on the hook. these obligations will be -- >> ongoing problems in europe and stifling construction spending. and so are prolonged higher oil prices. the looming across the board budget cuts, sequestration, could it md. hard. sequestration could reduce md. wages by $2.5 billion. directly cut 12,600 jobs. even if the lame-duck congress comes to terms after the election, md. is exposed. >> its still remains vulnerable to long-term cutbacks. it is one of the reasons the taxpayers should remain concerned about any increases to the state's debt. >> the committee voted 4-1 to raise the de
we have a culture of spending, taxing, and borrowing. that is a problem for the state. in annapolis, we have a culture of secrecy. perhaps the deputy treasury says the governor wants to take advantage of low interest rates. this will help move the party project forward while spurring job growth. maryland's unemployment rate to 7.1%. leading economist calls the governor's plan risky. >> it does sound like a mini- stimulus package. it is an obligation that has to be paid back and the...
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he has not raised taxes. he lowered taxes on working families and small businesses. too joe biden is talking about the record of the obama-biden administration saying they are buried. jamie: will the president have tee dress this tonight? will he have to talk about why the middle class was -- will he distance himself from his policies playing a role. >> he may have to put context into biden's statement. >> why is it that whenever this administration, whether it's the president or joe biden actually tells the truth. they tell you what's on their mind like the president saying that the private sector is doing fine or telling entrepreneurs like me that we didn't build our business. why is it when they tell the truth suddenly they are taken out of context. >> there you go again to quote one of our great republican presidents. you note context of that. >> the context was worse than what he said. he said you entrepreneurs put out your chest, you think you are so smart, but you didn't build it. that's the context. >> you left out what he was talking about before that and th
he has not raised taxes. he lowered taxes on working families and small businesses. too joe biden is talking about the record of the obama-biden administration saying they are buried. jamie: will the president have tee dress this tonight? will he have to talk about why the middle class was -- will he distance himself from his policies playing a role. >> he may have to put context into biden's statement. >> why is it that whenever this administration, whether it's the president or...
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plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts. that's another trillion dollars and $2 trillion in additional military spending that the military hasn't asked for. >> i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place any tax cut to add to the deficit. >> now, today, the president is saying, hang on. that's not mitt romney. he says romney's changing the tune on the crucial issue of taxes to make himself sound more centrist. ali velshi is here to make sense of what we heard last night. >> right. >> the first question on the tax cut proposal. the president is saying he's flip flopping. is he proposing $5 trillion in tax cuts? >> so this is a tricky one. what mitt romney is saying is he wants to reduce taxes across the board in every category. wherever you are coming down 20%. if you don't figure out where you're going to make up the taxes from, if you take 20% less from everybody it's over 10 years a $4.9 trillion loss and overstating it a little bit but there's a study that's been done and
plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts. that's another trillion dollars and $2 trillion in additional military spending that the military hasn't asked for. >> i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place any tax cut to add to the deficit. >> now, today, the president is saying, hang on. that's not mitt romney. he says romney's changing the tune on the crucial issue of taxes to make himself...
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is this a buy and do you think the mlp distributions will be taxed as c corp distributions if the tax credits expire in 2013? >> i'm going to take them backwards. i think the tax credit is going to be fine. enterprise partners is terrific. and i'm torn playing hernandez. who i think could play this weekend or sticking with daniels got me points in the fantasy league. let's go to vince in california. vince? >> caller: boo-yah, cramer. >> boo-yah. >> caller: talk to me about uhn? this is a king of prussia company. i used to beat them consistently. i've got to tell you, i believe in this company. i think it's one of the best. i also want to reiterate that i think that the health care reits represent the best value right now in the real estate investment trust group. may i just mention one second, which bought sunrise cheaper living? i think that stock is still cheap at at. i want to go to jack in pennsylvania. jack? >> caller: good afternoon, jim. this is jack from bucks county, pennsylvania, calling. i'm interested in wprt, westport innovations. i bought it maybe six months ago and have
is this a buy and do you think the mlp distributions will be taxed as c corp distributions if the tax credits expire in 2013? >> i'm going to take them backwards. i think the tax credit is going to be fine. enterprise partners is terrific. and i'm torn playing hernandez. who i think could play this weekend or sticking with daniels got me points in the fantasy league. let's go to vince in california. vince? >> caller: boo-yah, cramer. >> boo-yah. >> caller: talk to me...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. zoirchgs a space rocket blasted off from cape canaveral last night launching the fist private flight from the international space station. >> liftoff of the space x falcon 9 rocket. launching dragon to the international space station and returning cargo -- >> the unmanned capsule called dragon is on its way to the space station after separating from its rocket. it's carrying 1 240us pounds of cargo. the company has been contracted by nasa to fly a dozen flights to resupply the space station. >>> fearless felix, he is also known as felix baumgartner, and he has gotten to be pretty fearless. he actually is going to jump out of a balloon. this is 23 miles above the earth. this is exactly
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. zoirchgs a space rocket blasted off from cape canaveral last night launching the fist private...